Ukraine: Odoriferous Substance Mixture Market 2025

Odoriferous Substance Mixture Market Size in Ukraine

The Ukrainian odoriferous substance mixture market dropped rapidly to $X in 2022, shrinking by -41.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then reduced remarkably in the following year.

Odoriferous Substance Mixture Exports

Exports from Ukraine

Odoriferous substance mixture exports from Ukraine fell rapidly to X tons in 2022, with a decrease of -20.4% compared with the previous year's figure. Over the period under review, exports recorded a perceptible contraction. The pace of growth was the most pronounced in 2014 with an increase of 135% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, odoriferous substance mixture exports declined to $X in 2022. Overall, exports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of 123%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Austria (X tons), Poland (X tons) and Moldova (X tons) were the main destinations of odoriferous substance mixture exports from Ukraine, with a combined 74% share of total exports. Germany, Russia, the United States, Uzbekistan, Georgia, Turkey, Indonesia and Belarus lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +50,790.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Russia ($X) were the largest markets for odoriferous substance mixture exported from Ukraine worldwide, together comprising 63% of total exports. Austria, Moldova, Georgia, Indonesia, Uzbekistan, Turkey, the United States and Belarus lagged somewhat behind, together accounting for a further 28%.

Indonesia, with a CAGR of +3,382.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average odoriferous substance mixture export price amounted to $X per ton, jumping by 23% against the previous year. In general, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 81%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+56.0%), while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports

Imports into Ukraine

In 2022, the amount of mixtures of odoriferous substances and their preparations imported into Ukraine shrank sharply to X tons, reducing by -32.5% against the year before. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 21% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then contracted notably in the following year.

In value terms, odoriferous substance mixture imports fell sharply to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 36%. Imports peaked at $X in 2021, and then declined rapidly in the following year.

Imports by Country

Germany (X tons), France (X tons) and Poland (X tons) were the main suppliers of odoriferous substance mixture imports to Ukraine, together comprising 69% of total imports. Moldova, Austria, the Netherlands, Switzerland, the United States, Slovenia, Turkey, Malaysia, Ireland and Russia lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +112.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest odoriferous substance mixture suppliers to Ukraine were Germany ($X), France ($X) and Malaysia ($X), together comprising 66% of total imports.

Malaysia, with a CAGR of +97.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average odoriferous substance mixture import price stood at $X per ton in 2022, shrinking by -14.9% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 25%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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